Transportation Megaprojects Accountability and Oversight Act of 2018
This bill requires a recipient of assistance under National Highway System provisions for a megaproject (a project that has an estimated total cost of $2.5 billion or more), to submit to the Department of Transportation a comprehensive risk management plan that contains, among other things, a description of the process for identifying, quantifying, and monitoring the risks that might result in cost overruns, delays, reduced construction quality, or reduced benefits.
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